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Square Revolutionizes Digital Payments

Square has created a brand new app and card case that hopes to revolutionize the payment industry by "transforming everyday transactions between buyers and sellers into something special". This reinvention of the point of sale allows users to turn their iPads and iPhones into mobile, portable, points of sale where they will have customizable inventory as well as analytic essentials such as transaction reports and digital receipts.

Although Square's app+card reader combination is an innovative and affordable method for making and managing transactions, the company has taken it a step further with the introduction of the Card Case. This program builds and maintains relationships between customers and merchants through virtual loyalty cards for businesses and customers.

After a transaction is processed, customer information is retained so they can set up running tabs with merchants as well as check up on transaction histories. Card Case will also utilize geolocation in order to display menus, specials, coupons or directories that help the customer find whatever it is he or she is looking for.

For more information on this innovative new product, head on over to Square's Card Case page.

  • mclaud2000
    Nice ad for square. We want more advertising news! They are the best kind of news!
    Reply
  • bunz_of_steel
    Google Wallet better way to go and I think better security
    Reply
  • Miharu
    Totally misleading.
    It's not because it's work on iA***e, it's by definition a "Revolution". C'mon.

    Second point, did you'll really change your POS by this. Cheap reader. If you can read card with this, you could also clone them. I'll never trust someone with a iP**** trying to wipe my credit card....

    Third point, there are some rules... you NEED to print a recept. It's not because you doing virtual transaction via Internet, that Internet rules the way.

    Fourth point, "2.75% per swipe for all credit cards."... it's not cheap. System like eBay have similar % but reduce price on some payment method. Square aren't.
    Reply
  • Miharu
    (Sorry for a second post but edit aren't enabled on the forum)
    Ok.. eBay could go up to 5% for a seller. But normal POS merchant don't pay 3%.

    I could add many others points... but you're able to figure out by yourself why i***** aren't secure as POS.
    Reply
  • f-14
    can't wait to buy PSN users info and buy some iCrap with their info on and load their info on one of these, use it for a day and throw it in a fire/bus/train/garbage truck at the end of every day.
    Reply
  • sliem
    Miharu(Sorry for a second post but edit aren't enabled on the forum)Ok.. eBay could go up to 5% for a seller. But normal POS merchant don't pay 3%.I could add many others points... but you're able to figure out by yourself why i***** aren't secure as POS.
    5% my a$s. For buy it now, the fee is f-in 9%. NINE. What a joke.
    Reply
  • AerieC
    Am I the only one who thought this was going to be something about Square-Enix?
    Reply
  • TwoDigital
    I'm trying to figure out how the card reader passes data over the headphone/microphone jack... is that even electrically possible?
    Reply
  • maestintaolius
    A guy at work has this for his gal. It works fairly well for her sales processing at art fairs where you don't necessarily have good wired connectivity.
    Reply
  • fir_ser
    Cool use of the iPad.
    Reply